Major Precious Metals Announces C$10,000,000 Non-Brokered Private Placement

VANCOUVER, British Columbia, June 14, 2021 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to announce that it is offering subscribers a non-brokered Private Placement through the issuance of 28,600,000 units (the “Units”) of the Company at a price of C$0.35 per Unit for gross proceeds of C$10,000,000 (the “Offering”). Each Unit consists of one (1) common share of the Company (a “Common Share”) and one half (1/2) of one transferable common share purchase warrant (with two such half warrants being a “Warrant”). Each whole Warrant entitles the holder thereof to purchase one (1) additional Common Share for a period of 2 years from the applicable closing date at a price of C$0.70 per Common Share, subject to an acceleration provision should the Company’s Common Shares trade above C$1.20 for a period of 10 trading days.
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